GRIGGS FARM, BULMER STREET, BULMER, SUDBURY, CO10 7EW - £450,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

GRIGGS FARM is a large detached house of 176m², built in 2023. It was last sold for £450,000 in October 2023, which was around 16% below the average October 2023 detached price in the Braintree local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was B.

GRIGGS FARM Sold Prices

Land registry data shows two sales for GRIGGS FARM since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. One of the two GRIGGS FARM sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 20 OCT	£450,000	£533,376	16% below HPI
2022 15 SEP	£680,000	£541,770	26% above HPI

GRIGGS FARM Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two GRIGGS FARM sales from September 2022 and October 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2022 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is GRIGGS FARM?

GRIGGS FARM is 176m² according to the EPC inspection conducted in September 2024. This puts it in the largest 40% of detached houses in Bulmer, based on EPC data. The below chart shows the distribution of detached houses by size in Bulmer, and where GRIGGS FARM lies on this distribution: 62% of detached houses are smaller than GRIGGS FARM, and 38% of houses are larger. Note that EPC data is not available for all properties in Bulmer.

Where is GRIGGS FARM?

GRIGGS FARM is located on BULMER STREET in BULMER, in the CO10 postcode district. The below map shows the position of GRIGGS FARM on BULMER STREET.